2020 Dividend Kings List | See All 28 Now | 50+ Years Of Rising Dividends

The Dividend Kings are the best in class with respect to dividend endurance. A Dividend King is a stock with 50 or more consecutive years of dividend increases. The Dividend Kings list can be a good source for selecting dividend stocks.

While the S&P Dividend Aristocrats Index consists of over 60 stocks, which includes companies in the S&P 500 Index that have raised their dividend for at least 25 consecutive years, there are only 28 dividend kings in 2020.

The latest companies to join the dividend kings list are H.B. Fuller Company (FUL) and Altria Group (MO). Due to a merger in 2019 Vectren Corporation (VVC) is no longer a King. Commerce Bancshares (CBSH) reached the “King status” in 2018. In 2017, Stepan Company (SCL), Stanley Black & Decker (SWK), SJW Group (SJW), California Water Service (CWT), and Federal Realty Investment Trust (FRT) became dividend kings.

Performance Dividend Kings

The performance of the 2019 Dividend Kings (portfolio 1 equal-weighted) can be back-tested against the S&P 500, but this historical performance is just an indication, since the list of is “kings” changing every year and certainly not comparable to the list in 1998. The performance chart is also excluded FMCB since the historical data is not always available.

In general, as expected the Dividend Kings outperform the S&P 500, due to the dividend growth and “a better” worst year, making it easier to recover a drawdown. Below the data for the period January 1993 – December 2019

Portfolio

Initial Balance

Final Balance

CAGR

Stdev

Best Year

Worst Year

Max. Drawdown

Sharpe Ratio

Sortino Ratio

US Mkt Correlation

Portfolio 1

$10,000

$272,929

13.03%

12.11%

40.56%

-13.22%

-30.78%

0.88

1.36

0.79

Vanguard 500 Index Investor

$10,000

$123,485

9.76%

14.19%

37.45%

-37.02%

-50.97%

0.56

0.81

0.99

The compounding effect of dividend and the dividend growth of the dividend kings is an important benefit for investors. This strength is clearly shown in the chart below.

Next to selecting the right dividend stocks, important principles for successful long-term investing are Disciple, Diversification, Defensive & indeed Dividend. Read more about this in our free e-book.

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